The OECD price-to-rent ratio compares nominal house prices with the rent-price index. A higher reading means purchase prices have outpaced rents relative to the index history. Latest: 133.2 in 2024 Q4.
This is an index of prices versus rents, not a typical asking rent and not a purchase price. From 1970 Q1 to 2024 Q4 (220 quarters): latest 133.2 (2024 Q4), previous 132.7 (2024 Q3); low 88.8 (1982 Q3), high 139.8 (2022 Q2).